@Zala, yes... 5 is aprx at 7478-80
:::Price Action@Nifty Spot:::1hr Low 7472 good key for Bears.30mins Low 7481 -- Aggressive Bears.
+ww triggered at 12 noon. Sl should be 2 60 mins close below 7479.20. T1 7556 t2 7681
Oops... whipped. .
Bear flag in 5 mins as well. Will trigger below 7469, keeping sl at 7482 post trigger, t1 7445 t2 7404
"7463" would be DLEma less 30 points...below which 7445, S1 of week pivot..
Master,BANKNIFTY - Strength & Weekness pls
@ Squander Star ,Minor strength above 15090; more strength above 15150.Presently weak; retraced last fall from 15196 to 14940 to 15145, 80% and fallen.
G. Afty Master & JN Family7412 NS seems the safety net / breathing space zone, for this fall Have a gr8 trading day !
Nifty in ND Sir's ATR Buy zone
Thanks a lot Master...
7477 7483 ... is 50%-61.8% retrace of the last fall from …… 7502 to 7452 80% is - 7492 If weakness is to return, it should be around 7477 7483 Strength gets confirmed above 7483 OR 7492
dear sir 7700-7488(212)and 7663-212= 7451 is done....? ABC
7445, S1 of week pivot table reached.7474 7480 ... is 50%-61.8% retrace of the last fall from …… 7502 to 7445 80% is - 7491 If weakness is to return, it should be around 7474 7480 Strength gets confirmed above 7480 OR 7491
@illiango Thanks sir for updates !!!
Sir Nifty has made low of 7445.5 , what should be done now as nifty is 7461 now .wait till 7483-7492 ?
@Ilangoji said...."The playground just got bigger - 7700 to 7300"
GM Master & Blogmates.Wish all long life, health, peace & wealth.
If the correction was in the form of A,b & C we have already done A=C and might be ready for a bounce
@ D Anand,Market provided with two "retrace sell trades" to day.No technicals have changed yet.Counter trend trades should be done "only by those who are experienced to handle surprises".These observations are meant for "Intraday traders".
The small symetrical triangle in tatamotors Hour chart is broken downwards and has formed a Bear flag (small channel) at current low of 432.65. Bear flag resistance 437-438
@ Satheesh MaamTarget of bear Flag fro tatamotors? Tata motors 423 WLema support mentioned in your or lower than that Thanks a lot nitin
Day Low : 7534.80 Day High : 7445.25 Range : 89 Points Day Pivot : 7523 Hr. Pivot : 7466NS below HKPC ( Hepta Kilo Penta Cent).Currently well below Day Pivot @ 7523.NS hovering around 7450.NS in SAH mode in Hr. T/F & in Day T/F.Weakness continues below Hr. Lema @ 7477.Strength above Hr. Pivot @ 7466 Hr Ema @ 7487.SAH = Sell And Hold.
Do we have iHnS in 2min with rising neckline?
Holding 7452, minor bounce; more strength above 6465. - for Intraday.
Holding 7452, minor bounce; more strength above 6465. - for Intraday.read as Holding 7452, minor bounce; more strength above 7465. - for Intraday.
@ marina s rao,:D
Break down below 431 - would lead to 428 - another minor support. Breakdown of 428 would lead to 424-423-420.If it stays within the bearflag can fluctuate between 431-437
New Post Done.
Bulls holding 15000 in BN but not very tighthttp://www.niftytrader.in/